Key Details
Price
$260.03Last Dividend
$0.23Annual ROE
19.60%Beta
1.48Events Calendar
Next earnings date:
Feb 07, 2025Recent quarterly earnings:
Oct 29, 2024Recent annual earnings:
Feb 08, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
July 30, 2008Next split:
N/ARecent split:
June 16, 2009Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
AKBA, ABG and CLH have been added to the Zacks Rank #5 (Strong Sell) List on November 27, 2024.
AMX, AM and ABG have been added to the Zacks Rank #5 (Strong Sell) List on November 25, 2024.
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Committee. Ms. Naidoo's election brings the total number of directors to ten, nine of whom are independent, including Ms. N.
AOS, AGL and ABG have been added to the Zacks Rank #5 (Strong Sell) List on November 13, 2024.
ALRS, ABG and CLH have been added to the Zacks Rank #24 (Strong Sell) List on November 4, 2024.
Asbury Automotive delivered a mixed Q3 given headwinds from Hurricane Helene, and Q4 will likely be equally messy. Vehicle gross margins continue to normalize, but its parts and services business continues to be the critical driver of growth. While profits are declining from their peak, underlying earnings power of $21 creates long-term opportunity for investors.
Asbury Automotive Group, Inc. (NYSE:ABG ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance & Treasurer David Hult - President & Chief Executive Officer Dan Clara - Senior Vice President, Operations Michael Welch - Senior Vice President & Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Ryan Sigdahl - Craig-Hallum Capital Group Bret Jordan - Jefferies David Whiston - Morningstar Operator Greetings, and welcome to the Asbury Automotive Group Third Quarter 2024 Earnings Call. [Operator Instruction] As a reminder, this conference is being recorded.
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Asbury Automotive Group (ABG) came out with quarterly earnings of $6.35 per share, missing the Zacks Consensus Estimate of $6.65 per share. This compares to earnings of $8.12 per share a year ago.
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported third quarter 2024 net income of $126 million ($6.37 per diluted share), a decrease of 25% from $169 million ($8.19 per diluted share) in third quarter 2023. The Company reported third quarter 2024 adjusted net income, a non-GAAP measure, of $126 million ($6.35 per diluted share), a decrease of 25% from $168 million ($8.12 per.
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